NATWEST GROUP PLC -SPON ADR (NWG)

US6390572070 - ADR

7.78  +0.04 (+0.52%)

Technical Rating and Analysis

9

Overall NWG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NWG is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
NWG is part of the Banks industry. There are 412 other stocks in this industry. NWG outperforms 87% of them.
NWG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NWG is leading the market.
NWG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NWG has an average volume of 1655110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NWG is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
NWG Weekly chart
NWG Daily chart
Setup Rating and Analysis

4

NWG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

5.84

7.93

3 important support areas can be observed.

  • A support zone ranging from 7.26 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 6.78 to 6.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.90 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 7.85 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.38
Mansfield1.64
10 Day High7.87
10 Day Low6.99
20 Day High7.87
20 Day Low6.75
52 Week High7.87
52 Week Low4.3
Performance
1 Week-0.77%
2 Weeks11.3%
1 Month8.81%
3 Month37.7%
6 Month65.88%
12 Month17.35%
2 Year33.22%
3 Year30.76%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)74.67
LBB6.63
UBB8.1
NWG Daily chart

NATWEST GROUP PLC -SPON ADR

NYSE:NWG (5/3/2024, 7:09:37 PM)

7.78

+0.04 (+0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.52%
1 Week-0.77%
2 Weeks11.3%
1 Month8.81%
3 Month37.7%
6 Month65.88%
12 Month17.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%1.86%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.87
10 Day Low6.99
20 Day High7.87
20 Day Low6.75
52 Week High7.87
52 Week Low4.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.31M
Volume Incr-30.68%
Vol(5)1.30M
Vol(50)1.66M